Greek petrochemicals finds buyers for plants

Greek Petrochemicals (Athens) has found buyers for two polyethylene (PE) plants it ordered from U.K. contractors 10 years ago and that are currently stored in Manchester. It is understood that Thai Polyethylene (Bangkok) has been selected to acquire the 70,000-m.t./year ICI process low-density PE plant engineered by Simon-Carves. Reliance Industries is in talks to by the 50,000-m.t./year Union Carbide Unipol process high-density PE unit. The plants are to be installed at Map Ta Put, Thailand and Hazira, India, respectively